Privacy Fears Undermine Support for Digital Euro in Germany
Skepticism about the digital euro is strong in Germany, especially among older citizens who prioritize privacy and security in financial transactions. Many Germans remain resistant to the idea of a digital currency, with about half unable to imagine using it. Bundesbank President Joachim Nagel has called cash “sacred” in Germany, reflecting deep-rooted concerns about losing […]
Peter Schiff Urges the Fed to Raise Rates and Let Markets Crash
Economist and gold advocate Peter Schiff has recommended that the Federal Reserve raise interest rates instead of cutting them, even if it leads to a market crash. He acknowledged that this approach would likely cause stocks and real estate to crash, result in a hard landing, and trigger a recession, emphasizing the potential severity of […]
Robert Kiyosaki Advises Preparing for Crash Landing — Says ‘Time to Save Yourself’
Rich Dad Poor Dad author Robert Kiyosaki has explained why he is preparing for a crash landing. He criticized U.S. leadership, including Vice President Kamala Harris, Treasury Secretary Janet Yellen, and Fed Chairman Jerome Powell, calling them “3-Stooges.” Kiyosaki advised his followers to invest in gold, silver, and bitcoin, emphasizing self-reliance over relying on the […]
Milton Friedman on Inflation: A Government-Made Disaster
Inflation is not a natural phenomenon but a consequence of government actions. Milton Friedman famously argued that only the government can create inflation, and misguided policies, like price controls, worsen the problem. Friedman Famously Said: ‘Inflation Is Made by Government and No One Else’ Milton Friedman, a leading figure in economics, repeatedly emphasized that inflation […]
JPMorgan Prepares Investors for September Rate Cut With Dual Investment Approach
Favorable economic data this week bolstered market confidence, leading to a strong rally in equities, JPMorgan explained in a report published on Friday. With the Federal Reserve now likely to cut interest rates in September, the global investment bank advises investors to prepare by adjusting their portfolios accordingly. The futures market predicts a 100% chance […]
Bitcoin Miner Bitdeer Unveils $150M Convertible Notes Offering With 8.5% Yield
Bitdeer Technologies Group has set the stage for a $150 million convertible notes offering, featuring an annual interest rate of 8.5%. The deal is scheduled to wrap up on Aug. 20, 2024. This move aligns with a broader trend in the bitcoin mining sector, where firms have collectively secured $2.1 billion through stock offerings since […]
Eric Trump Interview Teases ‘Digital Real Estate’ Crypto Venture
Eric Trump, son of former President Donald Trump, recently shed some light on the mysterious crypto project that he and his brother, Donald Trump Jr., have been hinting at. In an exclusive interview with the New York Post, Trump revealed that the project revolves around “digital real estate.” He emphasized that this venture is “equitable” […]
Gold’s Bull Run Inspires Bitcoin Forecasts: Insights From Fred Krueger and Jack Mallers
Gold has been on an impressive streak in recent times, hinting at underlying economic worries, according to bitcoin proponent Fred Krueger’s latest analysis. He speculates that bitcoin might soon follow a similar trajectory, fueled by broader financial factors. Jack Mallers, the founder of Strike, shares this sentiment, asserting that “bitcoin is the best expression of […]
Bitcoin ETFs See $36M Inflows as Ethereum Funds Shed $15M
Recent data from U.S.-based bitcoin and ethereum spot exchange-traded funds (ETFs) collected by sosovalue.xyz reveal a mixed bag for these popular assets. On Friday, bitcoin ETFs added around $36 million, while ethereum funds experienced a $15 million dip. Mixed Results for Crypto ETFs: Bitcoin Gains $36M, Ethereum Drops $15M Ether ETFs, in particular, saw further […]
Holonym Foundation Emerges With $5.5 Million Seed Funding to Provide Global Digital Personhood With Human Keys
PRESS RELEASE. 17th August, 2024: Holonym Foundation, an organization building the next generation of digital identity security for the decentralized web, is announcing the completion of a successful $5.5 million seed funding round. The funding round was led by Finality Capital and Paper Ventures, with significant participation from Draper Dragon, Arrington Capital, Lightshift, Zero Knowledge […]
